NewswireToday - /newswire/ -
Pune, Maharashtra, India, 2012/03/01 - ElectraCard Services (ECS), a leading electronic payments solution provider, announced the launch of electraSWITCH™- iTx series, all new EFT switch platform that drives ATM & POS network for financial institutions - ElectraCard.com.
The electraSWITCH iTx series is an enhanced version developed on modern technology platform providing cost efficient, high performance, change management friendly and secure payment platform. iTx series offers feature rich, best in class product with integrated middleware electraWIRE, electraVIEW for event based monitoring, electraMAP for faster interface development with PA DSS security compliant release and new electraMONITOR for managing entire network including ATM, application and transaction monitoring efficiently. iTx series is designed to support EMV, multiple institutions, time zones & language enabling users to consolidate existing platforms into single platform catering all needs.
A seamless integrated middleware ensures higher performance and reduces third party dependencies. electraMAP provides competitive edge to its users by ensuring faster go-to-market with off the shelf-interfaces and inherent interface building capabilities with any bank host or interchanges. This web enabled version provides rich user experience and easy access from anywhere. Superior processing capabilities of iTx series enable customers to scale to the growing needs without additional infrastructure cost. This version is also benchmarked & audited at various technology labs to achieve highest performance numbers that no other system has ever achieved.
Mr. Prashant Mengawade, Head-Products and Engineering, ElectraCard Services said,“electraSWITCH iTx series is a perfect blend of new technology & high performance that reduces hardware sizing requirements over 40% curtailing third party software dependencies. It also empowers users to control changes easily matching pace of ever changing payment market demands.”
About ElectraCard Services
ElectraCard Services (electracard.com), a subsidiary of Opus Software Solutions, provides third party processing services for credit and payments management across the world. ECS is a PCI DSS certified Third Party Processor (TPP) for MasterCard® and VISA® across the issuing and acquiring side. Its deep domain knowledge, extensive global experience and cost effective solutions address the speed to market and flexibility challenges of today’s market.
ElectraCard Services enables financial institutions, retailers, finance companies and corporations to electronically process, in real-time, any type of payment transaction, including credit, debit, pre-paid, smart cards, and ACH. In addition to typical back office processing, ECS also offers ecommerce gateway and switching solutions. Its solutions support multiple institutions, multiple currencies, and varying processing requirements on a single platform.
By providing comprehensive and flexible solutions that can be deployed to a market of one, ElectraCard Services offers unmatched services and solutions.
®MasterCard is a registered trademark of MasterCard International, Incorporated.
®VISA is a registered trademark of VISA International Service Association.
electra is under trademark and copyright by ElectraCard Services.
Shyamli Biswas / Abhijit Kalyani, Sampark PR
M: +919860710142 / 9730605850 - E: shyamli.biswas[.]sampark.com / abhijit.kalyani[.]sampark.com.